{"id":3516,"date":"2024-11-06T08:05:02","date_gmt":"2024-11-06T08:05:02","guid":{"rendered":"https:\/\/advisou.com\/blog\/?p=3516"},"modified":"2026-01-10T11:21:05","modified_gmt":"2026-01-10T11:21:05","slug":"surveyor-license-and-loss-assessor-license","status":"publish","type":"post","link":"https:\/\/advisou.com\/blog\/surveyor-license-and-loss-assessor-license\/","title":{"rendered":"Your Comprehensive Guide to the Surveyor License"},"content":{"rendered":"\n<p>The insurance sector is becoming more complex due to the growing number of policies and claims. A Surveyor License plays an important role in helping insurance companies assess losses correctly and prevent false claims.<\/p>\n\n\n\n<p>In India, insurance companies have faced heavy financial losses due to incorrect or fraudulent claims. Reports show that general insurers suffered losses of over \u20b926,000 crore in health insurance between 2016 and 2021. To reduce such losses, insurers rely on licensed surveyors who inspect and evaluate insured assets like property and vehicles.<\/p>\n\n\n\n<p>To work as a professional loss assessor, obtaining a surveyor license is mandatory. In this article, we will take a closer look at the legalities tied to this license, easing the blow for the applicant.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_78 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/advisou.com\/blog\/surveyor-license-and-loss-assessor-license\/#Understanding_the_Role_of_Surveyor_and_Loss_Assessor\" >Understanding the Role of Surveyor and Loss Assessor<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/advisou.com\/blog\/surveyor-license-and-loss-assessor-license\/#The_Regulatory_Framework_for_Obtaining_a_Surveyor_License\" >The Regulatory Framework for Obtaining a Surveyor License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/advisou.com\/blog\/surveyor-license-and-loss-assessor-license\/#Obtaining_and_Renewing_a_Corporate_Surveyor_Licence\" >Obtaining and Renewing a Corporate Surveyor Licence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/advisou.com\/blog\/surveyor-license-and-loss-assessor-license\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Understanding_the_Role_of_Surveyor_and_Loss_Assessor\"><\/span>Understanding the Role of Surveyor and Loss Assessor<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A surveyor and loss assessor is an IRDAI-certified professional appointed to assess and quantify losses borne by the insured or non-insured product. Their evaluation serves as concrete evidence of the property\u2019s value estimation, helping insurers discover how much compensation is owed. The apex organization viz. The <strong>Insurance Regulatory and Development Authority of India (IRDAI)<\/strong><sup><a href=\"https:\/\/irdai.gov.in\/\" target=\"_blank\" rel=\"noopener\"><strong>[1]<\/strong><\/a><\/sup> grants surveyor licenses in India.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Responsibilities of a Surveyor<\/strong><\/h3>\n\n\n\n<p>Surveyors provide a wide range of services that help insurance companies overcome ambiguities and miscalculations, which often lead to significant losses. In a nutshell, a surveyor performs the following endevours:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong><em>Service Provided<\/em><\/strong><\/td><td><strong><em>Description<\/em><\/strong><\/td><\/tr><tr><td>Investigating and Assessing Losses<\/td><td>Surveyors investigate various types of losses, from fire incidents to theft, determining the extent and validity of each loss.<\/td><\/tr><tr><td>Estimating and Measuring Loss<\/td><td>They quantify the extent of damage and provide estimates for necessary repairs or replacements.<\/td><\/tr><tr><td>Conducting Inspections<\/td><td>Surveyors perform on-site inspections to evaluate safety and security measures and to examine the assets or properties affected by losses.<\/td><\/tr><tr><td>Providing Advice on Risk Management<\/td><td>They offer guidance to both insurers and policyholders on strategies for minimizing losses and managing risks effectively.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Regulatory_Framework_for_Obtaining_a_Surveyor_License\"><\/span>The Regulatory Framework for Obtaining a Surveyor License<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In India, Section 64UM of the Insurance Act, of 1938 in association with IRDAI\u2019s Surveyors &amp; Loss Assessors Regulations, 2015, pen down the role of surveyors. These legislations entail the norms required to become a certified surveyor and loss assessor. With a Surveyor License, a professional can approach any insurance company or vice versa to provide the aforementioned services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Steps to Register as a Surveyor<\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Enrollment<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Head to the IRDAI&#8217;s BAP portal to create an account.<\/li>\n\n\n\n<li>Submit an enrollment application attached with mandatory dossiers. Please double-check check paperwork for accuracy before uploading.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Examination<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Upon receiving the authority\u2019s approval, you will be tagged as qualified to appear in the surveyor examination.<\/li>\n\n\n\n<li>You can then register for the exam conducted by the Insurance Institute of India.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Training<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Upon clearing the examination, you will undergo mandatory training for a stipulated timeline. The training will either be organized by a surveyor or an institution depending on what you have chosen during enrollment.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Applying for the Surveyor License<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Once the training is completed, it is time to apply for a fresh Surveyor License through the BAP portal.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Renewing Your Surveyor License<\/strong><\/h3>\n\n\n\n<p>The surveyor License stays valid for three years. Its renewal is mandatory 90 days before the expiration if you wish to excel further. The steps below will help you with the renewal.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Login to the BAP Portal and access your profile on<a href=\"https:\/\/www.irdabap.org.in\" target=\"_blank\" rel=\"noopener\"> <\/a>www.irdabap.org.in.<\/li>\n\n\n\n<li>Find form 12 and fill it out aptly. It serves as evidence of the work you have done over the past years. This form should be submitted to IRDAI.<\/li>\n\n\n\n<li>Fill out form 5AF to initiate the renewal process.<\/li>\n\n\n\n<li>Upload mandatory documents such as photographs, valid ID proof, IIISLA membership certificate, etc in a prescribed format.<\/li>\n\n\n\n<li>Submit the renewal fee as advised. Please note that a fine will be imposed in case of late renewal.<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Making Modifications to an Existing Surveyor Licence<\/strong><\/h3>\n\n\n\n<p>From changing the address to altering the designation, there could be plenty of reasons why you need to alter your Surveyor Licence. Fortunately, you can do that with ease on the BAP portal. Keep the following things in mind when applying for modification:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Adding Departments<\/strong>: Submit documents like examination certificates and training completion records.<\/li>\n\n\n\n<li><strong>Updating Address<\/strong>: Provide legitimate address proof and surrender the original license to IRDAI\u2019s main office.<\/li>\n\n\n\n<li><strong>Correcting Name<\/strong>: Submit government-based ID and the original license for corrections.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Obtaining_and_Renewing_a_Corporate_Surveyor_Licence\"><\/span>Obtaining and Renewing a Corporate Surveyor Licence<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Surveyor licenses are also available for corporations, such as entities registered under the Companies Act of 2013 or the Limited Liability Partnership Act of 2008. Here\u2019s how to obtain or renew a Corporate Surveyor Licence.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Obtaining a Corporate Surveyor Licence<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Visit the BAP portal, create the user ID, and update your profile.<\/li>\n\n\n\n<li>Fill out form 3AF and submit it alongside mandatory dossiers. Make sure at least two licensed surveyors are listed as partners or directors in the company or LLP.<\/li>\n\n\n\n<li>Lastly, pay the application fee. The license shall remain valid for three years.<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Renewing a Corporate Surveyor Licence<\/strong><\/h3>\n\n\n\n<p>The timely renewal of the Corporate Surveyor Licence is paramount to ensure continuity. The renewal is not available to partnership firms registered after 2020. Before applying for renewal, keep the following things in mind:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Form-IRDAI-6-AF is used for renewing the Corporate Surveyor Licence.<\/li>\n\n\n\n<li>The application must be submitted alongside mandatory paperwork at least a month before the expiration.<\/li>\n\n\n\n<li>The renewal fee has been capped at Rs 5000 if the application form is filed before the expiration. The fine shall be imposed on those applying late.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Whether you&#8217;re an individual looking to begin a career as a surveyor or a company wanting to establish itself in the field, obtaining a Surveyor Licence is a critical step. This licence ensures that surveyors operate with professionalism, accuracy, and transparency, bringing value to both insurers and policyholders alike. From initial registration to renewal, following the regulations set by IRDAI is essential for maintaining a reputable practice in insurance surveying.<\/p>\n\n\n\n<p><strong>Read Our Article:<\/strong>&nbsp;<a href=\"https:\/\/advisou.com\/blog\/insurance-company-registration\/\">Insurance Company Registration: A Step-by-Step Beginner\u2019s Guide<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The insurance sector is becoming more complex due to the growing number of policies and claims. A Surveyor License plays an important role in helping insurance companies assess losses correctly and prevent false claims. In India, insurance companies have faced heavy financial losses due to incorrect or fraudulent claims. Reports show that general insurers suffered [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[783],"tags":[786,785,784,782],"class_list":["post-3516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-surveyor-licence","tag-corporate-surveyor-licence","tag-irdai","tag-loss-assessor","tag-surveyor-licence"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/posts\/3516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/comments?post=3516"}],"version-history":[{"count":5,"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/posts\/3516\/revisions"}],"predecessor-version":[{"id":6477,"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/posts\/3516\/revisions\/6477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/media\/3521"}],"wp:attachment":[{"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/media?parent=3516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/categories?post=3516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisou.com\/blog\/wp-json\/wp\/v2\/tags?post=3516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}